The Latest Breaking News from Inflation

The inflation figure is slightly higher than the 2.2% that City analysts expected

The Office for National Statistics said Consumer Prices Index inflation rose to 2.3% for October, from 1.7% in the previous month.

Next month’s federal budget update is expected to revise down company tax receipts for the first time since 2020, amid continued low economic growth in the near term.

Amid global economic uncertainty and inflation levels, investing in sound gold mining stocks appears to be a smart strategy for defense investment portfolios. Against this backdrop, quality gold mining stocks Agnico Eagle Mines (AEM), Barrick Gold (GOLD), and Kinross Gold (KGC) could be ideal investments as a hedge against inflation.…

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The world's largest retailer flags a major problem for shoppers.

Data is expected to show a significant rebound in inflation in October after it dropped to a three-year-low in the previous month.

Equities have seen big swings since Trump's election at the start of the month, with optimism over pledged tax cuts and deregulation offset by worries they could also reignite inflation, along with threatened import tariffs.

This explosive shift in rates—in the wrong direction—is a harbinger of trouble as it is a crucial long-term driver of stock returns.